Surge Energy Inc (Alberta) T.SGY

Alternate Symbol(s): T.SGY.DB.B | ZPTAF

Energy Oil & Gas E&P

Surge Energy Inc. is a Canada-based oil focused exploration and production (E&P) company. The Company's business consists of the exploration, development and production of oil and gas from properties in Western Canada. It holds focused and operated light and medium gravity crude oil properties in Alberta, Saskatchewan and Manitoba, characterized by large oil in place crude oil reservoirs with low recovery factors. It offers exposure to two of the five conventional oil growth plays in Canada: the Sparky and SE Saskatchewan. It holds a dominant land position and is drilling a mix of horizontal multi-frac and horizontal multi-lateral wells in the Sparky area. Sparky is a large, well established oil producing fairway in Western Canada. SE Saskatchewan is a focused operated asset base with light oil operating netbacks. SE Saskatchewan operates low-cost wells with short payouts and offers potential for continued area consolidation.

TSX:SGY - Post by User

Surge Energy Inc (Alberta) > Eric Nuttall Market Call Link

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Comment by daniel004on Apr 02, 2024 7:50pm

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Post# 35966501

RE:Eric Nuttall Market Call Link

Can't be a coincidence that the price was on a run today and retracted as he spoke about SGY.
I understand the liquidity issue and lack of option contracts makes SGY less attractive to the major traders and funds.
Does being below the radar not make it an attractive buy-out target?
Still a decent day in the green and Eric says it's cheap.
GLTA

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